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For many decades, macro-policy in India was conducted in an environment with five key elements: Agricultural shocks rather than a conventional business cycle; A closed economy; deeply distortionary tax policy coupled with a fiscal crisis; financial markets that lacked speculative price discovery,...
Persistent link: https://www.econbiz.de/10005341747
The Government of India has recently announced that Kerala, Punjab, and West Bengal are fiscally unsound at the level of general category states. The study reviews this projection and assesses their financial stability and sustainability along the debt-deficit spiral over time. [IEG Working...
Persistent link: https://www.econbiz.de/10010945248
Budget Speech of PU H.LIANSAILOVA HON’BLE FINANCE MINISTER. [Government of Mizoram]. URL:[http://mizoram.nic.in/budget/Interim%20Budget%20Speech%2012-13.pdf].
Persistent link: https://www.econbiz.de/10011133103
Home-based work has a much wider scope of activity than the singular task of an individual working from his/her home. This essential service is tied in with a larger chain of forward and backward linkages that enable the value addition till the goods reach their final destination of sale. The...
Persistent link: https://www.econbiz.de/10010945255
Budget speech by 2014-15.
Persistent link: https://www.econbiz.de/10010945322
A picture about the macroeconomy that is, the world economy and the domestic economy is given. The two recent regulatory measures are given here. [FICCI/IBA Annual Banking Conference].
Persistent link: https://www.econbiz.de/10010945334
Motivated by the concern that the recent surge in inflation could retard growth, the paper revisits the nexus between … inflation and growth from the perspective of an emerging economy, India. Examining this relationship using a wavelet multi … and inflation for a short time scale, while it is not significant for a longer time scale. …
Persistent link: https://www.econbiz.de/10010945461
This paper reviews the key aspects of general strikes and analyses the economic cost of such strikes in Nepal. Data analysis shows that average direct cost of general strikes stood at NRs. 1.8 billion per strike day and NRs. 27 billion per year at current prices during 2008-2013. [NRB Working...
Persistent link: https://www.econbiz.de/10010945534
Budget presented by the finance minister for the year 2008-09.
Persistent link: https://www.econbiz.de/10005341713
A brief overview is provided about India’s long-term growth performance. Then an attempt is made to set out the conditions for successful innovations. To assess the role of innovations in the Indian economy, the estimated contributions of productivity gains to real GDP growth is...
Persistent link: https://www.econbiz.de/10005341753